Auto Warranty Companies Fight For Your Business
extended car warranty - The industry of auto warranty companies is a fiercely competitive one. You can find a limited variety of cars on the highway - granted, there are many them, and every one of them, at one point or still, has or had a warranty - however with the large number of companies fighting for the business of these drivers, this means that every car owner is definitely the target of some very hungry sales reps.
This is definitely a daunting position to remain to get a car owner. Whether you are investing in a new car from the dealership, or investing in a used car, there will be people promoting you their warranty services.
Inside the dealership, you could encounter a pushy sales representative that will try everything they are able to to obtain to sign on for the extended warranty whenever you help make your initial purchase. You can find advantages to buying during that time, including obtaining the costs in the warranty rolled up in to the financing for that car, and understanding that your dealership will continue to be the spot to get any repairs or replacements done. But these comforts could end up costing you hundreds or thousands of dollars in the end. Sales people make very large commissions on warranties, so they're eager to obtain to enroll in one. But the price that is rolled into the financing will likely be a lot higher than it would if you sought out your own quotes from third-party extended warranty providers. Granted, you will need to pay more up-front with those third-party companies, rather than adding a little number in your monthly car payment bills. Nevertheless it could very well help you save money.
But simply as not all the car sales person is out to rip you off, not every third-party providers are excellent guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the conditions and terms of the warranties they offer. If a company won't let you review the warranty before you buy, don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road. Auto warranty companies will fight to get you as a client, so use that to your advantage. Compare costs, look at each of the relation to the warranties offered, and tell the companies you consult with “hey, make me the very best offer.” If they can't, someone else will.